Cynthia and Howard, married taxpayers filing a joint return, have $100,000 in taxable income in 2018. They
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Cynthia and Howard, married taxpayers filing a joint return, have $100,000 in taxable income in 2018. They have 4 children (ages 4 through 12) who have no income that is taxable. If they can legally shift $2,000 in taxable income to each child, how much does the family save in taxes?
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1380 Tax on 100000 for a married couple filing joint re...View the full answer
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Related Book For 
Taxation For Decision Makers 2019
ISBN: 9781119497288
9th Edition
Authors: Shirley Dennis Escoffier, Karen A. Fortin
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